Bayut is the number one property portal in the Kingdom, connecting millions of users across the country. We are committed to delivering the best online search experience. As part of Dubizzle Group, Bayut is alongside some of the strongest classifieds brands in the market. With a collective strength of 10 brands, we have more than 200 million monthly users that trust in our dedication to providing them with the best platform for their needs.
As the Business Development Manager for Investor Portfolios, you will develop and implement strategies to maximise returns for investors in bulk buying deals. You will also expand our network of high-net-worth individuals and establish strategic partnerships.
In this role, you will:
Portfolio Strategy:
- Analyse and understand the portfolio available for sale with Bayut.
- Devise appropriate strategies to maximise returns for investors opting for Bulk Buying Deals.
- Continuously evaluate and optimise portfolio performance.
- Create, develop, and exploit commercial opportunities to increase the company's income.
- Identify and pursue new business opportunities with existing and potential clients.
Investor Network Development:
- Establish and expand a network of high-net-worth individuals.
- Pitch investment prospects with committed IRR & ROI.
- Cultivate and maintain relationships with potential and existing investors.
Strategic Partnerships:
- Establish and maintain relationships with local investors and financial institutions.
- Develop strategic partnerships to strengthen the company's long-term cardinal goals.
- Create and exploit commercial opportunities to increase company income through existing and potential new clients.
Internal Stakeholder Liaison:
- Collaborate with internal departments such as Sales and Finance.
- Identify gaps and update policies/procedures to ensure a sustainable environment.
- Work towards achieving assigned goals through cross-functional cooperation.
Pricing Model Administration:
- Oversee the design of pricing models for investors.
- Ensure pricing models are competitive and attractive before offering them to investors.
Requirements
- A bachelor’s degree in business administration, finance, or a related field.
- An MBA is preferred.
- 5+ years of experience in business development, preferably in real estate or investment sectors.
- Proven track record of closing high-value deals and partnerships.
- Strong understanding of financial markets, portfolio & investment strategies, and real estate trends.
- Knowledge of bulk buying deals, property valuation, and market trends.
- Proficiency in CRM software and financial modelling tools.
- Excellent networking and relationship-building skills.
- Strong analytical and strategic thinking abilities.
- Exceptional communication and presentation skills.
- Strong negotiation skills when closing bulk-buying deals or establishing partnerships.
- Ability to pitch high-value investment prospects to high-net-worth individuals effectively.
- Ability to work independently and as part of a team.
- Proactive and self-motivated.
- Strong attention to detail.
- Strong perseverance in cultivating relationships, closing deals, and navigating business challenges.
Benefits
- High-performing and fast-paced work environment.
- Comprehensive Health Insurance
- Rewards and recognition
Bayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
#KSABayut
